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Working of a Chit fund

With respect to the recent panic about chit fund fraud by Pearl, what exactly is a chit fund? is it legal? if yes, how is fraud usually committed through such an arrangement?

  • 1 Answer
  • 125 Views
Asked at April 24, 2014
Default avatar Saumya Kumar
last answered 12 months ago
Cancellation of Power of Attorney

i had given a power of attorney regarding a property situated in indore to my relatives. after that i wanted to get it cancelled it was done by a pune-based lawyer and the entire cancellation was in marathi and i couldnt understand a word of it. but since the lawyer was a trusted family friend i...

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i had given a power of attorney regarding a property situated in indore to my relatives. after that i wanted to get it cancelled it was done by a pune-based lawyer and the entire cancellation was in marathi and i couldnt understand a word of it. but since the lawyer was a trusted family friend i relied on him to do it. of late i have heard talks that perhaps it was not cancelled. if it not cancelled i can be a great problem. i am placed in calcutta right now. my questions are 1. do i have to go to indore to get it cancelled again or can i do it from calcutta itself? 2. suppose the power of attorney is cancelled, will cancelling it again create any problem? 3. suppose there was any misuse done to the property between the period when i wanted to revoke the power of attorney and till the time it was actually revoked, what is my remedy?

  • 1 Answer
  • 235 Views
Default avatar Jayanth Ravi
last answered about 1 year ago
Election: Number of Seats allowed to a candidate

With Narendra Modi contesting from two Lok Sabha Constituencies in 2014 elections, I was wondering how can candidates be allowed to do this? I know the RP Act, 1951 allows a maximum of three seats for one candidate, but I wanted to know the history and origin of such a provision. Why was it...

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With Narendra Modi contesting from two Lok Sabha Constituencies in 2014 elections, I was wondering how can candidates be allowed to do this? I know the RP Act, 1951 allows a maximum of three seats for one candidate, but I wanted to know the history and origin of such a provision. Why was it included in the first place?

  • 1 Answer
  • 226 Views
Asked at April 08, 2014
A10560674e9e45cecb4d381d20bfbb61ebf4650c Diptimaan Kumar
last answered about 1 year ago
Stop Payment & S.138

what is the significance of STOP PAYMENT? how does it relate to S.138?

  • 1 Answer
  • 406 Views
Asked at April 06, 2014
Default avatar Jayanth Ravi
last answered about 1 year ago
Copyright on sketches of cartoon character

If I draw cartoon character from Disney/Pixar and sell, will it be a case of copyright?

  • 1 Answer
  • 88 Views
Asked at March 31, 2014
Default avatar Asmita Rakhecha
last answered about 1 year ago
Defect in Quality of Product

Hi i have purchase adidas shoes but it got some defect so gave to the shop from where i purchased,the shoes is in warranty period..i have the receipt of purchase and receipt when i gave it to the shop for replacement..need advice planning to complaint in consumer court since neither the shop...

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Hi i have purchase adidas shoes but it got some defect so gave to the shop from where i purchased,the shoes is in warranty period..i have the receipt of purchase and receipt when i gave it to the shop for replacement..need advice planning to complaint in consumer court since neither the shop owner nor the adidas is responding since mailed them at care@adidas.com too but no respond

  • 2 Answers
  • 113 Views
Asked at March 29, 2014
Default avatar Saumya Kumar
last answered about 1 year ago
Diplomatic Immunity

how does diplomatic immunity work?

  • 1 Answer
  • 131 Views
Asked at March 28, 2014
Default avatar Saumya Kumar
last answered about 1 year ago
Regulatory Approvals: In transfer of a business undertaking

X is a Pvt Ltd. Co. (incorporated and listed in India), as a part of its restructuring process wants to transfer a “business undertaking” at Ranchi, Jharkhand. Situation 1. What would be the relevant laws and regulations governing a transaction, where the undertaking is directly transferred by X...

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X is a Pvt Ltd. Co. (incorporated and listed in India), as a part of its restructuring process wants to transfer a “business undertaking” at Ranchi, Jharkhand. Situation 1. What would be the relevant laws and regulations governing a transaction, where the undertaking is directly transferred by X to Y Pvt Ltd (incorporated and listed in India)? Situation 2. In case X wants to transfer the same undertaking to Z LLC (incorporated and listed in the USA), what would be the necessary regulatory approvals and clearances required (in India) for such a transaction?

  • 1 Answer
  • 365 Views
Asked at March 25, 2014
A10560674e9e45cecb4d381d20bfbb61ebf4650c Diptimaan Kumar
last answered about 1 year ago
Refusal to Cooperate as per international law

Recently, the Indian Government refused to grant permission to the Chinese warships to enter the Indian maritime zone for the search operation of MH 370. Does the refusal to grant permission for the search operation violate an international obligation of India especially where this process would...

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Recently, the Indian Government refused to grant permission to the Chinese warships to enter the Indian maritime zone for the search operation of MH 370. Does the refusal to grant permission for the search operation violate an international obligation of India especially where this process would actually facilitate the search process of the plane?

  • 1 Answer
  • 101 Views
Asked at March 21, 2014
Default avatar Saumya Kumar
last answered about 1 year ago
Robbery by Ennuchs

I read in the papers about some eunuchs robbing an IT professional in Salt lake, Kolkata at knife point last day. The newspaper report also spoke about the problem of arresting eunuchs and keeping them in the police station since there is no different cell for eunuchs (as against special cells...

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I read in the papers about some eunuchs robbing an IT professional in Salt lake, Kolkata at knife point last day. The newspaper report also spoke about the problem of arresting eunuchs and keeping them in the police station since there is no different cell for eunuchs (as against special cells for men and women). I was curious about the law relating to criminals who are eunuchs. Has the law done anything with regards to this logistical issues? Do jails have a different cell for eunuchs? I

  • 1 Answer
  • 65 Views
Asked at March 21, 2014
Default avatar Divya Maheshwari
last answered about 1 year ago
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